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Hasbro's Cost Cuts And Digital Expansion Underestimated? J.P. Morgan Sees Higher Growth Potential
Summary
J.P. Morgan analyst Christopher Horvers maintains an Overweight rating on Hasbro with a $75 price target. Despite a shorter holiday season, HAS exceeded expectations in Q4, driven by strong Consumer Products and Wizards performance, higher margins, and operating income 15% above consensus.
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Read Full ArticleArticle published on February 24, 2025 by benzinga